Alfonso Novales – Economic Growth
Alfonso Novales – Economic Growth
Alfonso Novales – Economic Growth
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Description
ALFONSO NOVALES – ECONOMIC GROWTH
Computational methods are needed to produce numerical solutions in this book. The growth models are thoroughly reviewed. These models are used for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can all be considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook.
In full detail, the discussions are presented. The book is designed so that the student can progress in the theoretical and computational issues at the same time. There is a website that provides EXCEL and Matlab files to show theoretical results and to show the effects of economic policy interventions.
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